Omaha Plumbers Joint Apprenticeship Fund

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

4 people listed

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Provide training to apprentice and journeymen plumbers.

To provide training and a facility for training for apprentice and journeymen plumbers belonging to plumbers local union no. 16.

Revenue model: Earned-program. 89% of the money available for current operations came from fees and other program revenue.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
Pay-setting controls: Limited
Foreign activity oversight: Limited
Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
Major donor itemization: Yes; rating input score 100
Related-party transparency: Limited

Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
Governance controls: 3 of 9 controls in place; rating input score 38
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Limited
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass

Operating margin: 39.1%; rating input score 89; 89th percentile among comparable filings
Total-asset coverage ratio: 4.44; rating input score 83; 83rd percentile among comparable filings
Liabilities to assets ratio: 0.03; rating input score 60; 60th percentile among comparable filings
Officer compensation ratio: 4.2%; rating input score 55; 55th percentile among comparable filings

Program expense growth: Limited
Revenue growth: 15.1% per year; rating input score 100; 79th percentile among comparable filings
Asset growth: 24.3% per year; rating input score 100; 86th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 4 of 4 board members independent · 3 of 9 filing controls reported
Programs: 1 filed program accomplishment · $755K in reported program spending
Leadership: top reported pay $147K · 4 people listed
Consistency: 14 of 14 current checks pass
Schedules: 5 filed schedules · includes major donors and grants
Filing history: 6 filing years from 2019 to 2024
Contacts: How to reach this organization
Related organizations: 6 filed related-organization links
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.

Signals prioritize questions for review. They are not findings of misconduct.